Hello - I'm setting up an IRA/LLC, and I have my money transferred to a custodian (IRA Services Trust Company), I have setup a few llc's before so I'm doing this part myself. Is the trust company listed as owner and ...
Question fellow investors... I’m in the Texas market. I’m placing my personal home for sell and downsizing as a empty nester. Plan to also leave my job and transfer my 401k to a self direct IRA. My question.. 1. I hav...
Made a serious mistake. Using round numbers, i Bought a lot for $20,000 with my IRA, properly deeded to a custodian , FBO my IRA. The plan was to build a house. It was very cumbersome to draw funds from IRA to keep...
I had a tax related question regarding a self storage investment I am getting into. I am trying to figure the best way to fund the investment - either cash or through cash in a self directed (traditional, not Roth) IR...
It's been a while since I've been in the forums, I've been working on building my speaking business, I also recently launched my podcast as well. While doing these other things I have still been cold calling and searc...
I have been researching REI with IRA money. Here are some of my thoughts, and I would love to hear what you think? More importantly, what are you investing with your self directed IRA and why.There are many tax bene...
I am looking into purchasing an REO, rehabbing it, and holding on to it as rental for a year or two and then selling. I plan on using private money for the deal, in this case a good friend of mine's self directed roth...
We've read many hours on BP throughout the last couple of years! SO much knowledge & great advise!I'm hoping someone can make sure we're on the right track...My hubs & I have been part time flipping for a few ...
Hello Everyone.I had 30,000 in a Roth IRA. I would like to use it to purchase rental property. I already own a home so I can't use it for first time homeowner purchase. What are the tax implications for taking money o...
If I am actively contribute to my 401k with my current employer, is that mean I can't convert that to self directed 401k?